Quote of the Day

“We’ve heard this kind of thinking before. Let me tell you something: If some of these folks were around when Columbus set sail, they must have been founding members of the Flat Earth Society; they would not have believed that the world was round.”

U.S. President Barack Obama in The Hill’s “Obama hits GOP foes as having ‘flat Earth’ views on energy”

Link
Lead Stories

Emissions set to surge 50 percent by 2050 – OECD
Reuters
Global greenhouse gas emissions could rise 50 percent by 2050 without more ambitious climate policies, as fossil fuels continue to dominate the energy mix, the Organisation for Economic Cooperation and Development (OECD) said on Thursday.
http://jlne.ws/AAipJi

Obama Defends Energy Policy, Hitting Back at Presidential Candidates

The New York Times
In what has become a weekly ritual, President Obama on Thursday defended his administration’s energy policy, in the face of relentlessly rising gasoline prices, to an American public that believes he can do more to ease the pain at the pump.
http://jlne.ws/FOCQyG

Obama hits GOP foes as having ‘flat Earth’ views on energy
The Hill’s E2 Wire
President Obama attacked the GOP presidential field in a speech on gas prices Thursday, portraying the candidates as “stuck in the past” and unserious about dealing with the nation’s energy problems.
http://jlne.ws/w5RyjM

Obama debuts new energy theme: Past vs. future
The Grist.org
The Obama administration has learned from history, it seems. They’re not going to sit passively by as their opponents demagogue gas prices. This week they’ve gone on the offensive, with the president giving a series of interviews and speeches, including a major address today at Prince George’s Community College in Largo, Md.
http://jlne.ws/zXFMqa

Romney slams Obama over gas prices

The Hill’s E2 Wire
Mitt Romney blamed President Obama’s policies for sending gas prices through the roof during a Fox News appearance Thursday morning.
http://jlne.ws/zbrWEh

European Parliament vote adds to pressure for CO2 support
Reuters
EU politicians once again voted in favour of intervention to shore up the carbon market on Thursday, adding to pressure on the European Commission to remove allowances ahead of the next phase of the Emissions Trading Scheme (ETS).
http://jlne.ws/xzbLNb

OECD demands immediate green action to avoid ‘grim’ future
Business Green
World leaders must take immediate and co-ordinated action, or risk locking the world into a calamitous temperature rise of up to six degrees as demand for energy, food, and water overwhelms the planet.
http://jlne.ws/A081X4

EU Parliament Calls for Emissions-Permit Set-Aside Option
Bloomberg
The European Parliament threw its weight behind the option of temporarily setting aside some emission permits for energy and manufacturing companies to bolster prices while stopping short of urging a tighter cap.
http://jlne.ws/xePsc1

Exclusive: U.S., Britain set to agree emergency oil stocks release

Reuters
Britain is poised to cooperate with the United States on a release of strategic oil stocks that is expected within months, two British sources said, in a bid to prevent fuel prices choking economic growth in a U.S. election year.
http://jlne.ws/xIWHuy

UN aviation body hit by carbon emissions dispute
Reuters
The question of what role developing countries should play in reducing carbon emissions threatened to derail discussions at a top-level meeting of the United Nations body that oversees civil aviation, according to one official who attended Wednesday’s meeting.
http://jlne.ws/x394Ds

Airbus Said to Lose 10 More Orders From China on Carbon Curb
Bloomberg
Airbus SAS has had another 10 aircraft orders from China suspended because of the nation’s opposition to Europe’s curb on aviation emissions, three people with knowledge of the situation said.
http://jlne.ws/xCmdJB

COLUMN-Drought risk adds energy headache-Gerard Wynn

Reuters
Countries struggling to plot a greener energy mix face the extra headache of water scarcity from drought, squeezing their options as they look to cut carbon emissions and source locally.
http://jlne.ws/zStHZv

Climatologist slams intimidation of scientists

ABC
The Climate Commission’s latest report says global average temperatures have continued to rise over the last decade. It’s all part of the research that started more than 20 years ago in the United States. The lead climate scientist in much of that work was Michael Mann. Mann says he’s the central object of attack in what some have characterised as the best funded, most carefully orchestrated assault on science the world has known.
http://jlne.ws/AA81Wj

US

N.J. Democrats take another run at cap-and-trade bill
AP
Nearly a year after Gov. Chris Christie announced he was pulling New Jersey out of a 10-state anti-pollution pact, Democratic lawmakers are still pushing to rejoin it.
http://jlne.ws/yDipT1

United Technologies Seeks Sale of Clipper Windpower Turbine Unit

Bloomberg
United Technologies Corp. (UTX), the industrial conglomerate, is seeking a buyer for Clipper Windpower a year after taking control of the struggling turbine maker.
http://jlne.ws/FOC18Z

Capital Dynamics Invests $300 Million in U.S. Solar Projects
Bloomberg
Capital Dynamics AG, a Swiss private equity firm, said it invested $300 million in three groups of solar projects in the U.S. with a combined capacity of 80 megawatts.
http://jlne.ws/xJS29I
**repeats in Europe

McCain sees another Solyndra in Navy biofuels spending

The Hill’s E2 Wire
The Navy’s push to develop biofuels to run its fleet of planes and warships could devolve into a “Solyndra situation” for the Pentagon, a top Republican senator said today.
http://jlne.ws/w3HWBK

Canada Resources Minister: “Pretty Strong Signals” Keystone Likely To Get US OK

Dow Jones Newswires
Canadian Natural Resources Minister Joe Oliver said Wednesday there were “pretty strong signals” from the U.S. that the Keystone XL pipeline project would be approved at some point.
http://jlne.ws/y3dOih
**repeats in Canada

Canada

Canada Resources Minister: “Pretty Strong Signals” Keystone Likely To Get US OK
Dow Jones Newswires
Canadian Natural Resources Minister Joe Oliver said Wednesday there were “pretty strong signals” from the U.S. that the Keystone XL pipeline project would be approved at some point.
http://jlne.ws/y3dOih
**repeats in US

Update: Athabasca Oil Sands eyes light oil partnerships

Calgary Herald
With output of 1,200 barrels of oil equivalent per day and 5,500 boe/d behind pipe, Athabasca Oil Sands Corp. is considering joint venture deals on its light oil and gas assets as well as its oilsands, says its CEO.
http://jlne.ws/xTEInR

Minister Oliver Promotes Canadian Energy at the International Energy Forum in Kuwait

Press Release
The Honourable Joe Oliver, Canada’s Minister of Natural Resources, wrapped up his trip to Kuwait today, where he attended the International Energy Forum, the world’s largest gathering of energy ministers, representing 90 percent of global oil and gas supply and demand. The two-day event brought together heads of national and international oil companies, as well as representatives of major international organizations.
http://jlne.ws/wWzxvR

Canadian Solar Expands in Europe
Zacks Equity Research
Canadian Solar Inc. (CSIQ) announced that it entered into an agreement with Lightsource Renewable Energy to develop four solar power plants in England. The plants will together generate 6.4 megawatts (MW) of green power.
http://jlne.ws/xe3tB3
**repeats in Europe

Europe

U.K. ‘Wasted’ 4 Years on Failed $1.6 Billion Carbon-Capture Plan
Bloomberg
The U.K. must learn from a failed 1 billion-pound ($1.6 billion) carbon-capture funding program that “wasted” four years, as it prepares to open a second financing competition, the head of a panel of lawmakers said.
http://jlne.ws/xJuJne

Q+A-Why is EU energy saving easier said than done?

Reuters
A draft European Union law on energy saving is one of the most complex pieces of legislation fighting its way to approval in Brussels.
http://jlne.ws/zFdjyf

Vattenfall Plans to Test Pelamis Wave Power Device in Scotland
Bloomberg
Vattenfall AB, Sweden’s biggest utility, plans to test a Pelamis Wave Power Ltd. device at the European Marine Energy Center in Scotland.
http://jlne.ws/Azg3fP

Capital Dynamics Invests $300 Million in U.S. Solar Projects
Bloomberg
Capital Dynamics AG, a Swiss private equity firm, said it invested $300 million in three groups of solar projects in the U.S. with a combined capacity of 80 megawatts.
http://jlne.ws/xJS29I
**repeats in US

Russia approves JI projects that could earn 46 mln ERUs
Point Carbon
Russia has approved 27 more emission reduction projects, according to a government document dated March 12 and seen by Point Carbon News, taking the total number approved so far to 65.
http://jlne.ws/AfjD2J

Canadian Solar Expands in Europe
Zacks Equity Research
Canadian Solar Inc. (CSIQ) announced that it entered into an agreement with Lightsource Renewable Energy to develop four solar power plants in England. The plants will together generate 6.4 megawatts (MW) of green power.
http://jlne.ws/xe3tB3
**repeats in Canada

Asia

China’s vast shale gas potential limited by pipeline infrastructure obstacles
FT
The infrastructure as well as the geological differences that exist between China and the US are likely to make the PRC’s development of its vast and largely-untapped shale gas reserves follow a slower growth curve than the boom that has recently swept through the American shale gas sector, according to a number of industry experts interviewed by mergermarket. These hard facts are likely to disappoint the many US-based, natural gas exploration and production companies as well as the many companies in their supply chain which had been eagerly anticipating a major opportunity to export their products and services to the energy-hungry, emerging economic powerhouse.
http://jlne.ws/zuAw47

W.Australia premier slams mine tax, carbon scheme

Reuters
Colin Barnett, the premier of resource-rich Western Australia, said on Thursday a mining tax set to take effect in July had damaged his country’s reputation and a new levy on carbon pollution would do little to promote cleaner sources of power.
http://jlne.ws/yoQPlx

Diesel power: China’s energy base seeks transformation

People’s Daily Online
Coal-rich Inner Mongolia autonomous region in north China is seeking to process some of its huge amount of raw coal into diesel or electricity to add value to the resources and assist with the pressing task of environmental protection.
http://jlne.ws/xZzleQ

Pin It on Pinterest

Share This Story